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Sunday, May 12, 2024 12:08:39 PM
If the CPI used actual rents from Zillow, the CPI is currently well below 2%
Using the CPI "Imputed Rent Index" it will take another two years for the reported CPI to decline to our actual current inflation rate.
https://www.wsj.com/economy/housing/fed-inflation-rate-housing-rentals-2f28c5ba
Using the CPI "Imputed Rent Index" it will take another two years for the reported CPI to decline to our actual current inflation rate.
https://www.wsj.com/economy/housing/fed-inflation-rate-housing-rentals-2f28c5ba
We've run out of other people's Social Security taxes needed to subsidize our low income tax rates.
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